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Prostarm Info Systems LimitedOthers, 05-08-2025: Action(s) initiated or orders passed

05-08-2025 | 01:04 pm

Prostarm Info Systems has received a favorable order resolving a significant litigation. The company announced that proceedings related to a Show Cause Notice concerning an alleged wrong customs duty exemption on UPS imports have been dropped. This order confirms no liability for the disputed amount of INR 25.66 Cr. This outcome is a positive development for Prostarm, removing a substantial financial risk and clarifying its operational standing.

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